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Managers Ask if Fund Holders
Would Flee at Signs of Trouble

By

Eileen KinsellaStaff Reporter of The Wall Street Journal

Updated Dec. 11, 1996 12:01 a.m. ET

Will mutual-fund investors cut and run?

As the stock market hovers at near-record levels amid worries that the bubble could burst, the debate is heating up over whether fund holders really are in it for the long run or will flee at signs of trouble.

A Smith Barney survey shows that as many as 40% of mutual-fund holders will sell some or all...